HYDERABAD:
Suryajyoti Spinning Mills, located in Farooqnagar mandal of Mahbubnagar district, has announced major plans for expanding its facilities in a phased manner. To begin with, it has decided to add 25,000 spindles with an investment of Rs. 45 crore taking the overall capacity to about 90,000 spindles. It will also set up a new plant in Mahbubnagar for which land has been finalised and orders for import of latest machinery placed. The company is working on the feasibility of setting up a fully integrated state-of-the-art weaving, processing and garmenting unit with an outlay of Rs. 150 crore in the second phase.